User Friendly Budget

Franklin Borough School
Budget Information

The
law requires the “user-friendly” budget to include, but not be limited
to the following information: all line items aggregated by items type;
the school tax rate; the equalized school tax rate; revenues by major
category; the amount of available surplus; a description of unusual
revenues or appropriations, with a description of the circumstances of
the revenues and appropriations; and a list of shared services
agreements in which the district is participating. In addition, the law
required the “user-friendly” budgets to include detailed contract terms
and benefits (in effect as of January 1, 2008) for the superintendent,
assistant superintendent, the school business administrator, and any
employee with an annual salary that exceeds $75,000 who is not a member
of a collective bargaining unit.